Coinbase Integrates Real-world Assets, BlackRock Revises ETF Application

Equities are flat as investors wait for the Federal Reserve’s policy decision later today, where they are expected to hold rates steady. While a pause is largely priced in, investors will hone in on Chair Powell’s commentary to anticipate when rate cuts could be expected. According to CME, markets are pricing in a potential rate cut as early as next Spring, something Powell could attempt to push back on. BTC is recovering some losses after starting the week with a liquidation-driven sell-off, gaining 2.6% to trade back at $42.1k. ETH is recovering but continuing to underperform, gaining only 1.7% to reach $2.2k. Gaming continues to be one of the stronger sectors, with BEAM rising 20.1% in the last day. AI decentralized machine learning project Fetch.ai (FET) is the second largest gainer in the top 100 after BEAM, gaining 18.9%.